Weekly project updates: Coinbase L2 Base, Arbitrum transactions surge, Helium migrates to Solana, etc
1. ETH’s weekly summary a. The Shanghai upgrade will activate on the Sepolia network at epoch 56832 link The Shanghai upgrade will activate on the ETH testnet Sepolia network at epoch 56832, scheduled for 4:04:48 AM UTC on Feb. 28. This upgrade follows the Merge and enables validators to withdraw their stake from the Beacon Chain back to the execution layer. b. The Ethereum Foundation announced the grantees from Q4 2022 link The funds are about $4.37m, including community and educational activities in Nepal, Hungary, Ukraine, Vietnam Japan and other places; many research projects on Consensus layer and Cryptography & zero knowledge proofs. c. Ethereum developers gathered for their 103rd ACDC call on Feb 23 link Ethereum developers have started to test MEV-Boost, builder, and relay software a few test networks where the Shanghai upgrade has been activated like the Zhejiang testnet and Devnet 7. MEV-Boost software is being tested alongside staked ETH withdrawals and so far, no issues...